The Bitcoin dominance rate (BTCD) has broken down from a long-term support level. A bounce near 59% is expected before the downward trend resumes. Bitcoin Dominance Rate Woes The Bitcoin dominance rate has been decreasing since May 8 when it reached a high just below 70%. On July 25, the BTCD reached the long-term 62% support area and bounced back to the upside. The higher rate
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